Who Owns ActivePassive Intermediate Municipal Bond ETF (APMU)?Hedge Fund & Institutional Holders
Institutional Holders
21
as of Q4 2025
Total Institutional Value
$1.0800082000100009e+49T
% of Float Held
—
QoQ Change in Holders
+8 / -2
Price History
APMU — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| ENVESTNET ASSET MANAGEMENT INC | New Position | +4.3M | +$108.0M |
| Envestnet Portfolio Solutions, Inc. | New Position | +3.3M | +$82.0M |
| B. Riley Wealth Advisors, Inc. | New Position | +94K | +$2.4M |
| PRINCIPAL FINANCIAL GROUP INC | New Position | +42K | +$1.1M |
| Spire Wealth Management | New Position | +7K | +$168K |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New Position | +15K | +$0 |
| COMMONWEALTH EQUITY SERVICES, LLC | New Position | +14K | +$0 |
| GOLDMAN SACHS GROUP INC | New Position | +12K | +$0 |
| Financial Sense Advisors, Inc. | Increased | +633 | +$-267.5M |
| Cetera Investment Advisers | Increased | +11K | +$-1.1B |
| MML INVESTORS SERVICES, LLC | Increased | +28K | +$-2.5B |
| &PARTNERS | Increased | +2K | +$-2.5B |
| PRINCIPAL SECURITIES, INC. | Increased | +91K | +$-7.5B |
| LPL Financial LLC | Increased | +41K | +$-10.0B |
APMU — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| JANE STREET GROUP, LLC | Decreased | -10K | -$740.7M |
| Allworth Financial LP | Decreased | -3 | -$328.5M |
| OSAIC HOLDINGS, INC. | Decreased | -272 | -$267.5M |
| Modern Wealth Management, LLC | Closed Position | -9K | -$233.3M |
| ROYAL BANK OF CANADA | Decreased | -5K | -$143.0M |
| UBS Group AG | Decreased | -94 | -$3.8M |
| IFP Advisors, Inc | Closed Position | -1 | -$18K |
Top Institutional Holders(Q4 2025)
| # | Fund | Shares | Value | % of Portfolio | Type |
|---|---|---|---|---|---|
| 1 | ENVESTNET ASSET MANAGEMENT INC | 4,340,842 | $108.0M | 0.03% | Share |
| 2 | Envestnet Portfolio Solutions, Inc. | 3,273,539 | $82.0M | 0.29% | Share |
| 3 | LPL Financial LLC | 437,552 | $10.0M | 0.00% | Share |
| 4 | PRINCIPAL SECURITIES, INC. | 390,984 | $9.0M | 0.14% | Share |
| 5 | MML INVESTORS SERVICES, LLC | 127,739 | $3.0M | 0.01% | Share |
| 6 | B. Riley Wealth Advisors, Inc. | 94,238 | $2.4M | 0.11% | Share |
| 7 | &PARTNERS | 102,725 | $2.0M | 0.01% | Share |
| 8 | PRINCIPAL FINANCIAL GROUP INC | 42,438 | $1.1M | 0.00% | Share |
| 9 | Cetera Investment Advisers | 54,399 | $1.0M | 0.00% | Share |
| 10 | Allworth Financial LP | 13,078 | $328K | 0.00% | Share |
| 11 | Financial Sense Advisors, Inc. | 11,284 | $283K | 0.05% | Share |
| 12 | Spire Wealth Management | 6,711 | $168K | 0.01% | Share |
| 13 | Sound Income Strategies, LLC | 1,993 | $50K | 0.00% | Share |
| 14 | UBS Group AG | 58 | $1K | 0.00% | Share |
| 15 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 14,513 | $0 | 0.00% | Share |
| 16 | ROYAL BANK OF CANADA | 1,169 | $0 | 0.00% | Share |
| 17 | MORGAN STANLEY | 1 | $0 | 0.00% | Share |
| 18 | GOLDMAN SACHS GROUP INC | 11,942 | $0 | 0.00% | Share |
| 19 | JANE STREET GROUP, LLC | 19,334 | $0 | 0.00% | Share |
| 20 | COMMONWEALTH EQUITY SERVICES, LLC | 14,068 | $0 | 0.00% | Share |
| 21 | OSAIC HOLDINGS, INC. | 10,360 | $0 | 0.00% | Share |
APMU Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 21 | $219.3M | +6 |
| Q3 2025 | 15 | $25.7B | -5 |
| Q2 2025 | 20 | $179.8B | +0 |
| Q1 2025 | 20 | $173.6B | +0 |
| Q4 2024 | 20 | $10.5T | +4 |
| Q3 2024 | 16 | $57.7T | +2 |
| Q2 2024 | 14 | $50.3T | +5 |
| Q1 2024 | 9 | $14.0T | — |
Similar Stocks by Institutional Ownership
As of Q4 2025, 21 institutional investors hold APMU (ActivePassive Intermediate Municipal Bond ETF). The largest holder is ENVESTNET ASSET MANAGEMENT INC with $108.0M in shares. This quarter, 8 institutions opened new positions and 2 closed their positions.
Frequently Asked Questions
How many hedge funds own APMU?
As of Q4 2025, 21 institutional investors report holding APMU (ActivePassive Intermediate Municipal Bond ETF) in their 13F filings.
Who is the largest institutional holder of APMU?
The largest institutional holder of APMU is ENVESTNET ASSET MANAGEMENT INC with $108.0M in shares.
Is institutional ownership of APMU increasing or decreasing?
This quarter, 8 institutions opened new positions in APMU and 2 closed their positions.